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Published 1 year ago with 9 Comments

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  • leweb
    +4

    Now I'm wondering if this is part of what has driven BTC down.

    • kxh (edited 1 year ago)
      +4

      Apparently the dark web mostly uses monero (whatever that is). The price of bitcoin is at the moment probably much more related to events in China.

    • archmagician
      +3

      The BTC thing could be this

      • leweb
        +4

        So I should way to buy back the ones I sold when it was $3k until the end of the month.

        • archmagician
          +4

          Honestly, I've not looked into how all this works so I don't know what it all means.

          • leweb
            +4

            It works like equities, but much faster. Bubbles form and pop in a year or two. If you know basic economics, you can make a lot of money with this.

            • archmagician
              +6

              Ah. I have no knowledge of equities or basic economics which is probably why I've not followed the Bitcoin stuff too closely.

            • leweb
              +4
              @archmagician -

              It's simple. Buy low, sell high. Keep in mind the shape of the classical bubble chart and don't let your emotions make you buy/sell too soon.

            • archmagician
              +4
              @leweb -

              Looks like something that could be interesting to explore.

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